Retail in 2922 N State Road 7, Margate, FL 33063 for sale with MLS# A11697393

This prime investment property spans 20,714 SF on a 1.32-acre lot and includes 65 parking spaces. The shopping center features a total of 12 units, currently 49.31% occupied by four tenants. There is approximately 10,500 SF available, presenting an excellent opportunity for an owner-user or additional lease-up potential. This is an exceptional investment opportunity in a prime location. For further details, please refer to the enclosed offering memorandum. Please do not disturb the tenants.

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2922 N State Road 7, Margate, FL 33063

Price
Price:
$7,250,000.00
Original List Price:
$7,250,000.00
List Price per Sq Ft (Calculated, Approx.):
$350.00
Property Status and Type
Listing Type:
For Sale
Status:
Active
Business Type:
Retail
Listing Category:
Commercial Sale
Property Type:
Retail
Description of Last Important Update:
New Listing
Last Major Update on:
November 20, 2024 5:05 pm
Measures
Built-Up Area:
20,714 Sqft
Lot Area:
57,505 Sqft
Lot Size Acres:
1.32
Construction
Year Built:
1972
Structure Type:
Retail
Flood Zone Code:
X
Taxes and Expenses
Tax Annual Amount:
$78,855.00
Community
Senior Community:
No
Zoning and Legal
Tax Legal Description:
MARGATE SHOPPES SUB 80-33 B TR A
Real Estate Folio Number (Parcel Number):
484219020010
Zoning:
TOC-C
Listing History
Active on the market since:
November 20, 2024
Listing Agreement executed on:
November 20, 2024
Listing Status Last Changed On:
November 20, 2024 5:05 pm
Photos updated on:
October 15, 2026 3:56 pm
Last Modified:
October 15, 2026 3:56 pm
Additional Information
Courtesy of:
RE/MAX 5 Star Realty
Attribution:
Not provided
Location
Street Name:
State Road 7
Street Number:
2922
City:
Margate
State:
Florida
Zip Code:
33063
County:
Broward
Latitude:
N26° 15' 43.6''
Longitude:
W81° 47' 56.4''
Street Direction Prefix:
N
Property Map

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Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $62,930
Median Home Value $270,100
Median Rent $1,790/mo
Median Age 45
Population 55,539
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Association of REALTORS®
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